August Advisory Board Meeting

Summary:

The discussion centered on advancements in military technology and potential collaborations to enhance Puerto Rico's aerospace and energy sectors. A new product aimed at improving military antennas was introduced, which will be utilized across various branches of the military to address existing backlogs. The group expressed enthusiasm for the growth of the aerospace sector in Puerto Rico and discussed a potential partnership with a research center related to that product in Melbourne, Florida. David Simpson emphasized the importance of effective note-taking and following up on action items, specifically the development of whitepapers that could be circulated for potential funding sources like the DoD or Department of Commerce.

The conversation shifted to Solx, a company seeking to partner with local businesses for solar array installations. Jose Castro detailed Solx's focus on business-to-business sales of larger solar panels and their plans to establish a manufacturing facility in Aguadilla. David Simpson provided an update on his meeting with the Department of Defense's cross-functional team, stressing the significance of the ReCharge project for enhancing 5G and energy resilience on military installations. The group acknowledged the impact of redefined opportunity zones on funding for the ReCharge project and discussed Raytheon's interest in potential investments.

Admiral Simpson raised concerns regarding the disbandment of the FOMB Board and its implications for Puerto Rico's receivership status. It was noted that new appointees would be necessary, with Congressional approval required to end the receivership. Eliut Flores expressed worries about the financial strain on the island, citing bondholder interests and new tariffs. The group discussed the stalled progress in energy development due to unresolved financial matters, while David Simpson highlighted the potential for federal funding for the ReCharge project, which could serve as a model for similar initiatives in the Caribbean.

The meeting concluded with discussions on Puerto Rico's potential role in AI strategy for the Caribbean, focusing on data analytics and regional uniqueness. David proposed drafting a document to outline Puerto Rico's advantages in this area, while Eliut discussed the intersection of AI and 5G through IoT for innovative solutions. The conversation also touched on legal challenges Puerto Rico faces with CARICOM and the demand for cybersecurity expertise, suggesting that Puerto Rico could become a center for this industry. The group emphasized the need to leverage local capabilities and partnerships to enhance innovation and development opportunities in the region.

Chapters & Topics:

Discussion on Military Technology and Collaboration Opportunities

Insights about a product that strengthens military antennas were shared, which will be utilized by different branches of the military. Arnaldo expressed optimism about Puerto Rico's advancements in the aerospace field. David emphasized the significance of not just taking notes but also acting on them to ensure progress.

Updates on Solar Partnerships and 5G Resilience Initiatives

The meeting summary indicated that a log of entities interested in presenting to the board would be maintained, with a highlight on Solx's upcoming presentation about their solar array partnership opportunities. Jose Castro elaborated on Solx's focus on business-to-business sales and their plans for a manufacturing facility in Aguadilla.

Updates on Puerto Rico's Financial Situation

Admiral Simpson raised questions regarding the disbandment of La Junta and its effect on Puerto Rico's financial status. It was explained that while new appointees are expected, the end of receivership hinges on a Congressional vote. Eliut Flores warned that the economic situation could deteriorate further, particularly with new tariffs and bondholder interests at play.

Discussion on DOD Investments and Electronic Warfare Payloads

An update was provided by David Simpson on discussions with the Department of Defense regarding the ReCharge project and its potential for 5G deployment on military installations. He highlighted the possibility of securing federal funding, aiming for a model that could be replicated in the Caribbean. Jonathan elaborated on his company's focus on electronic warfare payloads and the modular approach to dominate the spectrum. He mentioned recent approvals for manufacturing and R&D, as well as upcoming events that could facilitate further development and collaboration.

Gail highlighted the need to connect with Elmar Roman, who has taken on a new role and could be instrumental in advancing projects in Puerto Rico. David supported this idea, mentioning Elmar's connections within the Department of Defense. Additionally, Gail introduced a new protocol for military contracting and expressed the importance of registering as a qualified partner in innovation.

Updates on Caribbean Military Operations and 5G Opportunities

Juan Aguayo-Leal discussed his recent visit to the Virgin Islands, noting a strong interest in enhancing military operations in the Caribbean, particularly in Puerto Rico. He mentioned substantial funding allocated for various military facilities, including the Puerto Rico National Guard and Fort Buchanan. Gail emphasized the need for collaborative efforts to quickly capitalize on federal grant opportunities as they arise.

AI Strategy for the Caribbean

David Simpson discussed the potential for Puerto Rico to lead an AI strategy for the Caribbean, leveraging its unique position and data analytics capabilities. He suggested creating a document to outline Puerto Rico's role in this initiative. Eliut Flores added that the intersection of AI and 5G through IoT could provide opportunities for developing tailored solutions, such as traffic management and environmental monitoring. Both emphasized the need to address the concerns of Caribbean nations regarding digital sovereignty.

David Simpson highlighted the advantages of Puerto Rico's diversity and its strategic role in aligning with other Caribbean nations for AI initiatives. Eliut Flores raised concerns about legal barriers that Puerto Rico faces when trying to conduct business with CARICOM countries. Arnaldo Soto Jr. provided historical context, noting Puerto Rico's past prominence in telecommunications and its potential to regain that status.

Discussion on FAA MIVA 3 Project and Puerto Rico Taxation Statute

Updates on the FAA MIVA 3 project were shared, with input requested from Dr. Sheilla Torres-Nieves on a white paper that had been drafted. Concerns were also highlighted regarding a proposed taxation statute in Puerto Rico that broadly defined voice channels, which could impact data transmission. A letter was sent to the governor requesting a veto of the statute, and it was noted that a pocket veto may have been issued by the governor.

Discussion on Regional Innovation Cluster and AI Initiatives

Elizabeth Thelen informed the group about the revival of the SBA's regional innovation cluster program, which has a tight deadline for submissions. David Simpson suggested that Gail's organization consider applying for a cluster focused on intelligent infrastructure in the Caribbean. Linden Dalecki mentioned his recent discussions with Plug and Play regarding AI initiatives, indicating potential interest in collaboration.

Action Items:

* Gail will keep a log of entities who contact after meetings and will host two presentations monthly.

* Solx will provide a brief overview of the company at a future meeting.

* Gail will meet with the former director of the Ports Authority to discuss potential applications for MIVA 3.

* David Simpson will send Gail the grant opportunity related to the recharge project.

* Gail will add Jonathan's information to the notes regarding his DOD ecosystem development.

* David Simpson will follow up with Gail to connect on opportunities related to Puerto Rico and identify resources for a prototype.

* Gail will follow up with Dr. Torres regarding the white paper on the FAA MIVA 3 project.

* Sheilla Torres-Nieves will follow up with the professors in the College of Engineering to obtain their feedback on the white paper.

* Gail will review the possibility of submitting an application to be a regional innovation cluster for intelligent infrastructure or AI in the Caribbean.

* Gail Nolan will include the follow-up to-do items in the meeting notes and ensure everyone follows up on their tasks.

* Linden Dalecki will follow up later with a more focused link on the AI side related to the discussion.